All Forum Posts by: Dennis Dahlberg
Dennis Dahlberg has started 4 posts and replied 83 times.
Post: How can I get a property under contract that's listed by an agent
- Phoenix, AZ
- Posts 93
- Votes 105
Give the a call....
Post: Breach of contract damages?
- Phoenix, AZ
- Posts 93
- Votes 105
Have you ever heard the term putting good money after bad.... Try to get the deposit back and move on..even if you win the law suit you will loose.....
Post: What one is better LLC or S-Corp?
- Phoenix, AZ
- Posts 93
- Votes 105
Do an LLC..its usually a lot easier to create and LLC...but in the great state of WA it may not...
Post: Setting up LLC'S. How should wife be involved ?
- Phoenix, AZ
- Posts 93
- Votes 105
LLC are owned by Members. And if you add you wife as a member she is an owner...
Each member has a percentage share of the LLC the operating agreement spells out the percentage...
Post: Newbie Flipping houses in Huntsville, AL
- Phoenix, AZ
- Posts 93
- Votes 105
Get your real estate license first.....
In Arizona you have the same license for both... After being in the real estate business for the past 40 years
I've discoverer one common trait of all successful investors.
They all had there real estate license.....
Post: Funding with Self directed IRAs / 401Ks
- Phoenix, AZ
- Posts 93
- Votes 105
They are non-recourse loans to the fund but not to the IRS........
Post: Unemployed with 80k burning a hole in my pocket
- Phoenix, AZ
- Posts 93
- Votes 105
I'm a little confused.... with ...80-100k of equity in my house I can easily pull out.
Who is going to give you a loan (consumer loan) on your home without verify income?
Just curious ..
Post: Investors/Fix and flippers how did you start?
- Phoenix, AZ
- Posts 93
- Votes 105
Get you real estate license first....
Post: Hard Money Lender for Dallas Market
- Phoenix, AZ
- Posts 93
- Votes 105
Its going to get down to "down payment' ... going to be hard to get it all if this is your first deal. We usually can lend 90% purchase and 100% rehab..but you are going to need 5 deals and a 680 FICO. and in a good area (close to a Home Depot). First timers usually get around 20-30% down and rates are around 10%.